Towards a resilient green economy
Towards a resilient green economy / Nicholas Stern, Teresa Ribera and Laurence Tubiana, EuropeanVoice.com, 1/03/2012
Austerity measures will not boost growth, but investment in a green economy will.
Europe’s response to the crisis cannot be limited to fiscal austerity and structural reforms. A focus solely on deleveraging and structural reforms risks enormous economic and social dislocation. Europe therefore needs a plan to re-launch jobs and growth. Simultaneously, the current reform of the European economy must address long-term challenges, such as resource scarcity and climate change…